Colorado · Census place 54880
Norwood town, CO
Quick answer
Norwood town has 565 residents, ranking #277 of 482 places in Colorado. Median household income is $56,324, the median home is worth $341,800 and median gross rent runs $1,357 a month.
- Population
- 565Norwood town residents
- Median household income
- $56,324Past 12 months, inflation adjusted
- Median home value
- $341,800Owner-occupied units
- Median gross rent
- $1,357Rent plus utilities, monthly
- Median age
- 34.8 yrsAll residents
- Homeownership rate
- 59.8%Owner-occupied households
What the numbers mean in Norwood town
Housing cost measured against local earnings.
A household earning the Norwood town median would spend about 28.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.1% of residents and 59.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Colorado.
- San Luis town 582
- Central city 576
- Simla town 576
- Holly town 556
- Saguache town 554
- Sugar City town 552
- Olney Springs town 550
Keep going
More Colorado coverage.